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PROFIT CINDA

United Kingdom|2-5 years|
Suspicious Scope of Business|Suspicious Overrun|High potential risk|

http://www.investindata.com/

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Company Name

PROFIT CINDA LIMITED

Abbreviation

PROFIT CINDA

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-07-12
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United StatesNFA regulation (license number: 0534709) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

PROFIT CINDA · WikiFX Survey

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PROFIT CINDA · Company Summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Regulation No regulation
Market Instrument forex, commodities, indexes, rare metals and cryptocurrencies
Account Type N/A
Demo Account N/A
Maximum Leverage 1:400
Spread N/A
Commission N/A
Trading Platform MT4 for Windows, Mac, iPhone and Android
Minimum Deposit $1,000
Deposit & Withdrawal Method N/A

PROFIT CINDA, a trading name of PROFIT CINDA LIMITED, is allegedly a multi-asset broker registered in the United Kingdom that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:400 on the MT4 trading platform, as well as 24/5 customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that PROFIT CINDA is a suspicious clone broker. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.22/10. Please be aware of the risk.

General Information & Regulation
General Information & Regulation

Market Instruments

PROFIT CINDA advertises that it offers access to a wide range of trading instruments in financial markets, including forex, commodities, indexes, rare metals and cryptocurrencies.

Leverage

The default is 400 times leverage. You can also choose 30, 50, 100, 200 and 400 leverage. However, according to the regulations, British and Australian brokers have to limit their clients to 1:30, while US brokers cant provide more than 1:50.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform Available

The platform available for trading at PROFIT CINDA is one of the most notable and preferred trading platforms the market offers - MetaTrader4 for Windows, Mac, iPhone and Android. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Deposit & Withdrawal

The minimum amount of a single deposit at PROFIT CINDA is 1,000 USD. However, it says nothing about the deposit and withdrawal methods.

Customer Support

The only way you can approach PROFIT CINDA is via following their social networks, such as Twitter, Facebook and LinkedIn. However, this broker doesnt disclose other more direct contact information like telephone numbers, emails or the company address that most transparent brokers offer.

Pros & Cons

Pros Cons
• Various trading instruments • No regulation
• Lack of transparency
• MT4 supported • High minimum deposit

Frequently Asked Questions (FAQs)

Q 1: Is PROFIT CINDA regulated?
A 1: No. It has been verified that PROFIT CINDA is a suspicious clone.
Q 2: Does PROFIT CINDA offer the industry-standard MT4 & MT5?
A 2: Yes. PROFIT CINDA supports MetaTrader4 for Windows, Mac, iPhone and Android.
Q 3: What is the minimum deposit for PROFIT CINDA
A 3: The minimum initial deposit at PROFIT CINDA is extremely high - $1,000.
Q 4: Is PROFIT CINDAa good broker for beginners?
A 4: No. PROFIT CINDA is not a good choice for beginners. Although it advertises well, it lacks legal regulatory licenses and it is untrustworthy.

User Reviews

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从0到132566
more than one year
Incorrect signals and big time spammers. The account managers are never available when they are needed. They will only talk to you to get your deposits.
2023-03-06 12:23
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0
0
nguyễn văn khá
more than one year
My scam floor is 58000 USD, it doesn't allow withdrawals, only requires more people to avoid it and hope the police get involved to catch these scammers.
+3
2022-12-12 02:14
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